Webcast: Compilations and Reviews: Risks, Procedures and Fraud (CAACR17)
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2/17/2017
When: 2/17/2017
8:30 AM until 4:00 PM
Where: Webcast
CALCPA
4162774F
United States
Presenter: Richard A. Ferdinand, CPA


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AcronymCAACR17
CPE8 hours
VendorCalCPA
Category
Accounting & Auditing
LevelAdvanced
Yellow BookNo
PrerequisiteExperience with compilations or reviews.
Who should attend Partners, managers and other accountants responsible for compilations and reviews.
Members$245
CPA Non-Members $375

The Member rate applies to LCPA members, reciprocal state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Description

Refresh your knowledge of the AICPA's professional standards for compilations and reviews and improve your ability to reduce the risk of material misstatements—whether caused by fraud or error. Using questions and cases that probe the practical meaning of professional standards in your business, this course will address the professional judgments you must make and provide tips to avoid mistakes that can result in legal liabilities and peer review deficiencies.

 

Objectives

  • Identify potential problem areas concerning compliance with the standards for compilations and reviews.
  • Determine ways to apply professional standards to situations commonly encountered in public practice.
  • Recognize ways to minimize the risk of association with financial statements containing material misstatements whether caused by fraud or error.

Topics

  • Fraud
  • Misstatements
  • Materiality
  • Revenue recognition
  • Related parties
  • Going concern uncertainties
  • Engagement letters
  • Documentation and peer review considerations